ðĨ LIT Bounce From Support: Future Exponential Growth
In my previous LIT post I argued that this coin has a bright future ahead. While breaking the $10 resistance took longer than initially anticipated, it has finally done so today.
Furthermore, it seems that LIT is starting to form a bullish channel to trade in. Combine the recent bounce from said channel support with the break of the illustrious $10 resistance, and we have a recipe for potential exponential gains in our hands. Lots of recent ICO's are doing really well lately, I think LIT is just warming up!
On the chart Iâve marked two potential areas of resistance, R1 and R2. These areas are based on round numbers, $15 and $20 to be exact. Do your own due diligence.
Happy trading!
Furthermore, it seems that LIT is starting to form a bullish channel to trade in. Combine the recent bounce from said channel support with the break of the illustrious $10 resistance, and we have a recipe for potential exponential gains in our hands. Lots of recent ICO's are doing really well lately, I think LIT is just warming up!
On the chart Iâve marked two potential areas of resistance, R1 and R2. These areas are based on round numbers, $15 and $20 to be exact. Do your own due diligence.
Happy trading!
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